Newark Jordan Ash, director of the ACORN Financial Justice Center, and I joke about a day last fall in Orange County, called “Sup-Prime Day,” when we hit 3-4 sub-prime companies all over the county in one gasp. Today was “RALs Day” in New Jersey. In the same way, we (Jordan, me, and Pedro Rivas, …
Category: Ideas and Issues
Technology Trumping education in Enequality
New Orleans I read a piece recently in the Times by Tyler Cowen, a professor of economics at George Mason University. The headline, about inequality and education, caught my eye. I thought it would be the usual, tired saw that starts and ends at the proposition: more education means less inequality. This, however, was …
Brokers
Los Angeles I have now been to a fair number of meetings with top level executives at big lending institutions with billions of dollars in home mortgages that they have moved through their portfolios. Their suits are nice. Their knowledge is detailed and exacting. The abbreviations are mind boggling. The sincerity and good will …